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Retailers: Leverage Customer Data to Navigate Lower Spending Due to Inflation

Retail TouchPoints

While retailers can do little to affect world events and macro inflation, they can make use of an often underused asset they already have: customer data. Retailers that know their customers and can anticipate their needs through more personalized experiences will remain top of mind for consumers.

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How to Collect Customer Data and Improve Shopper Experience

retailnext

Retailers depend directly on consumers for their business growth, which has placed shopper experience and customer satisfaction at the top of the priority list, making customer and market research very important. With point of sale data collection, you can: Sort customers by brand preference, spend level, purchase category, etc.

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Using Prebuilt Data Models? You Should Be

Retail TouchPoints

In data engineering, one might equate individual data elements along with their semantic meaning, labels and metadata as the buildable “bricks,” with analytical or behavioral models landed in a data warehouse, ready for visualization or orchestration as the finished sets.

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How Customer Data Can Take Your Retail Business To The Next Level

RetailMinded

As a retailer, you likely already have a wealth of customer data. This data can include customer contact information, purchase history, and demographic information. In addition, analyzing customer data can help you to identify trends and anticipate future demand.

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The Cybersecurity Impact of PCI DSS 4.0

Retail TouchPoints

Enter the Payment Card Industry Data Security Standard (PCI DSS): the gold standard of compliance for all businesses that store, transmit and process cardholder data, intended to improve the security of sensitive user data. Exposure analysis is a key capability to prove said segmentation and reduce scope.

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Market Obsessed? Three Ways Retail Competitive Analysis Gives Beauty Brands an Edge

Dynamic Action

AI-driven merchandising experience platforms allow brands to gain access to comprehensive market data and insights through retail competitive analysis. Stay Ahead of Beauty Industry Trends With Access to Competitive Analysis The beauty industry continues to scale and evolve.

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Creating Retail Agility Requires a New Way to Think about Data

Retail TouchPoints

The rest are at risk of losing customer loyalty, brand affinity and revenue. A recent study found that 83% of retailers say they cannot leverage customer data to its full potential. So how do retailers regain the power of their data? Human analysis alone is no longer the answer. Decluttering the AI Landscape.

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